TLDR: Midwich Group has launched a corporate venture capital arm called Midwich Ignite. The new investment arm will focus on supporting entrepreneurs in the AV and technology sectors by investing in high-growth start-ups and scale-ups. Midwich Ignite will operate as a standalone enterprise and will focus on sectors such as emerging AV technologies, smart and connected spaces, hospitality and event technology, and robotics and automation. The managing director of Midwich Ignite, Alex Kemanes, said that the new venture will bridge the gap between finance and industry knowledge to drive innovation in the industry.
Midwich Group, an AV and technology solutions distributor, has announced the launch of a new corporate venture capital arm called Midwich Ignite. This investment arm will support entrepreneurs in the AV and technology sectors by investing in high-growth start-ups and scale-ups. Midwich Ignite will be a standalone enterprise and will focus on sectors such as emerging AV technologies, smart and connected spaces, hospitality and event technology, and robotics and automation.
The managing director of Midwich Ignite, Alex Kemanes, said, “Having worked in the AV industry for many years, both as a value-add distributor and as an investor, I am excited to be heading up this new venture. It will bridge the gap between finance and deep industry knowledge to help drive innovation in our industry and support those entrepreneurs who are at the forefront of technological transformation.”
The managing director of Midwich Group, Stephen Fenby, stated that Midwich is deeply embedded in the AV industry and has extensive capabilities, including a large and highly connected team. Fenby believes that Midwich Ignite will promote innovation in the industry using these capabilities.
